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Nextracker Inc. Class A Common Stock

Technology US NXT

37.59USD
1.19(3.27%)

Last update at 2024-11-20T21:00:00Z

Day Range

36.5137.68
LowHigh

52 Week Range

32.1462.14
LowHigh

Fundamentals

  • Previous Close 36.40
  • Market Cap8013.99M
  • Volume1712588
  • P/E Ratio16.44
  • Dividend Yield-%
  • EBITDA591.48M
  • Revenue TTM2499.84M
  • Revenue Per Share TTM32.44
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM3.37

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Type yearly yearly yearly yearly yearly
Date 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Income before tax 608.00M 169.08M 65.11M 158.03M 148.93M
Minority interest - -2.44600M 0.00000M 0.00000M -
Net income 306.24M 1.14M 50.91M 124.35M 118.26M
Selling general administrative - 96.87M 66.95M 60.44M 55.36M
Selling and marketing expenses - - - - -
Gross profit 813.05M 286.97M 147.03M 231.98M 212.91M
Reconciled depreciation - 4.63M 11.15M 16.81M 17.95M
Ebit 587.12M 168.49M 65.91M 158.53M 148.91M
Ebitda 591.48M 173.11M 77.05M 175.34M 166.85M
Depreciation and amortization 4.36M 4.63M 11.15M 16.81M 17.95M
Non operating income net other - - - - -
Operating income 587.12M 168.49M 65.91M 158.53M 148.91M
Other operating expenses 1912.72M 1733.65M 1391.68M 1037.09M 1022.38M
Interest expense 2.12M 0.60M 0.80M 0.50M 0.50M
Tax provision - 47.75M 14.20M 33.68M 30.67M
Interest income - - - - 0.02M
Net interest income - 0.60M -0.79900M -0.50200M 0.02M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 111.78M 47.75M 14.20M 33.68M 30.67M
Total revenue 2499.84M 1902.14M 1457.59M 1195.62M 1171.29M
Total operating expenses 225.93M 118.49M 81.12M 73.45M 64.00M
Cost of revenue 1686.79M 1615.16M 1310.56M 963.64M 958.38M
Total other income expense net 20.88M 0.60M -0.79900M -0.50200M 0.02M
Discontinued operations - - - - -
Net income from continuing ops - 121.33M 50.91M 124.35M 118.26M
Net income applicable to common shares - 1.14M 50.91M 124.35M 118.26M
Preferred stock and other adjustments - - - - -
Breakdown 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Type yearly yearly yearly yearly yearly
Date 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Total assets 2518.78M 1419.68M 1017.29M 880.97M -
Intangible assets 1.55M 1.32M 2.53M 10.99M -
Earning assets - - - - -
Other current assets 312.63M 35.08M 42.77M 12.58M 15.85M
Total liab 1526.75M 1202.83M 1020.32M 424.92M -
Total stockholder equity 992.03M 216.85M -3.03500M 456.05M -
Deferred long term liab - - - - -
Other current liab 209.31M 119.60M 128.91M 82.51M 144.00M
Common stock 992.03M 0.01M -3.03500M 456.05M 231.06M
Capital stock - 0.01M - - -
Retained earnings - -3075.78200M - - -
Other liab - - 40.09M 30.57M 21.24M
Good will 265.15M 265.15M 265.15M 265.15M -
Other assets - - 23.76M 12.22M 16.54M
Cash 474.05M 130.01M 29.07M 190.59M -
Cash and equivalents - - - - -
Total current liabilities 891.49M 507.43M 473.37M 391.35M 362.86M
Current deferred revenue 225.54M 176.47M 77.87M 77.38M -
Net debt -330.08700M 17.14M -29.07000M -190.58900M -
Short term debt - 72.01M 65.49M 64.42M -
Short long term debt - - - - -
Short long term debt total 143.97M 147.15M - - -
Other stockholder equity - 3292.62M - - -
Property plant equipment - - 11.78M 9.35M 9.16M
Total current assets 1768.23M 872.26M 714.06M 583.25M 302.80M
Long term investments - - - - -
Net tangible assets - - -270.71600M 179.90M -59.59500M
Short term investments - 29.30M 9.30M 27.40M -
Net receivables 779.81M 569.12M 460.71M 268.21M 222.82M
Long term debt - 147.15M - - -
Inventory 201.74M 138.06M 172.21M 84.47M 61.19M
Accounts payable 456.64M 211.35M 266.60M 231.46M 175.47M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 474.61M 16.59M 28.12M 16.54M -
Deferred long term asset charges - - - - -
Non current assets total 750.55M 547.41M 303.23M 297.72M -
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Type yearly yearly yearly yearly yearly
Date 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Investments - -3.15900M -5.75000M -2.96300M -1.65500M
Change to liabilities - 0.00000M 51.06M 55.00M 144.25M
Total cashflows from investing activities - - -5.75000M -2.96300M -1.65500M
Net borrowings - - - - -
Total cash from financing activities -78.26700M -3.57200M -8.65600M 96.33M -250.76500M
Change to operating activities - - 20.68M -36.12200M 31.28M
Net income 306.24M 121.33M 50.91M 124.35M 118.26M
Change in cash 344.05M 100.94M -161.51900M 187.64M -11.42100M
Begin period cash flow 130.01M 29.07M 190.59M 2.95M 14.37M
End period cash flow 474.05M 130.01M 29.07M 190.59M 2.95M
Total cash from operating activities 428.97M 107.67M -147.11300M 94.27M 241.00M
Issuance of capital stock - 693.86M 0.00000M 0.00000M -
Depreciation 4.36M 4.63M 11.15M 16.81M 17.95M
Other cashflows from investing activities - - - - -
Dividends paid - 170.00M 19.92M 331.40M 331.40M
Change to inventory - 25.06M -87.73600M -23.28700M -35.73600M
Change to account receivables - -160.26500M -45.45800M -6.13100M -16.79100M
Sale purchase of stock -552.00900M -693.78100M -693.78100M 0.00000M -
Other cashflows from financing activities -78.26600M 186.35M 11.27M 427.73M 80.63M
Change to netincome - - -2.10500M 5.36M 1.83M
Capital expenditures 6.66M 3.18M 5.92M 2.96M 1.66M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -71.60500M -18.29000M -207.06700M -52.24100M 102.97M
Stock based compensation 56.78M 31.99M 3.05M 4.31M 4.24M
Other non cash items 198.70M -57.98400M 0.18M 3.90M 3.40M
Free cash flow 422.31M 104.49M -153.03000M 91.31M 239.34M

Peer Comparison

Sector: Technology Industry: Solar

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NXT
Nextracker Inc. Class A Common Stock
1.19 3.27% 37.59 16.44 12.44 2.71 15.50 2.46 15.56
FSLR
First Solar Inc
-2.52 1.34% 184.84 28.97 13.44 5.89 2.92 5.44 14.89
ENPH
Enphase Energy Inc
1.77 2.89% 63.13 64.37 38.91 6.95 16.18 6.78 26.01
XISHY
Xinyi Solar Holdings Limited
0.02 0.24% 8.40 11.55 14.93 0.22 1.24 0.24 1.12
XNYIF
Xinyi Solar Holdings Limited
- -% 0.40 10.10 13.72 0.22 1.37 0.24 1.12

Reports Covered

Stock Research & News

Profile

Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and ground-mounted distributed generation solar projects worldwide. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; NX Gemini, a two-in-portrait format tracker, which holds two rows of solar panels along the central support beam; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides monitoring and control software solutions including TrueCapture, a solar boosting power plant, which boost plant performance by correcting for shading and diffuse light conditions; and NX Navigator, a mitigating extreme weather risk navigator which helps to maintain optimum tracker equipment health and availability. The company was founded in 2013 and is headquartered in Fremont, California. Nextracker Inc. is a subsidiary of Flex Ltd.

Nextracker Inc. Class A Common Stock

6200 Paseo Padre Parkway, Fremont, CA, United States, 94555

Key Executives

Name Title Year Born
Mr. Nicholas Miller Co-Founder & COO 1969
Mr. Daniel S. Shugar Co-Founder, CEO & Director 1964
Mr. Howard J. Wenger Director & President 1960
Mr. David P. Bennett Chief Financial Officer 1970
Mr. Bruce R. Ledesma President of Strategy & Administration 1968
Mr. Marco Garcia Co-Founder & Chief Commercial Officer NA
Mr. Alex Au Co-Founder & CTO NA
Mr. Mike Mehawich Co-Founder & Chief Strategy Officer NA
Ms. Leah Schlesinger Esq. General Counsel, Chief Ethics & Compliance Officer and Secretary 1964
Ms. Kristan Kirsh Vice President of Global Marketing NA

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